$DEGO /USDT BULLISH CONTINUATION ANALYSIS
$DEGO is showing strong bullish momentum after reclaiming key moving averages and breaking above recent resistance levels. Price is holding above MA(7) and MA(25), indicating short-term strength, while approaching MA(99) suggests a potential continuation if buyers maintain control. The rising volume profile supports the upward move, signaling active accumulation from lower levels.
• MARKET STRUCTURE:
Higher lows and a clean breakout from consolidation confirm bullish structure formation.
• MOVING AVERAGES:
MA(7) > MA(25) shows solid momentum, and a move above MA(99) may trigger extended upside.
• VOLUME PROFILE:
Increasing volume reflects strong buyer participation, validating the bullish push.
• BIAS: Bullish continuation favored as long as price sustains above the breakout zone.
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LONG ENTRY SETUP
Entry: On retest of breakout/support zone
TP1: Break of recent high
TP2: Next resistance extension
TP3: Major bullish expansion zone
SL: Below breakout retest or structure invalidation level
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RISK MANAGEMENT
Use controlled risk of 1–2% per trade, avoid chasing extended moves, and protect profits by adjusting SL after TP1 hits.
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